With the majority of buyers today starting their Alaskan home search online, it is important to wow them during this initial look. If Fairbanks or Anchorage area buyers see something they don't like just from flipping through listing photos, they are less likely to ever make it to the front door for a showing or visit an open house.
So how do you pique the interest of buyers in Alaska without turning them off? Below are five things you will want to avoid as a home seller in Fairbanks, Anchorage, Eagle River, Palmer, Wasilla, North Pole and the surrounding areas:
Do not convert your garage
Keep in mind that a large number of buyers who will begin house hunting this spring are first-timers who are tired of renting, with others...
As a homeowner in Anchorage, Fairbanks, Eagle River, Palmer, Wasilla, or North Pole, deciding to sell your home is major move that should not be taken lightly. In fact, there are dozens of factors to consider— from the price at which you will list right down to the time that your Alaska home will hit the market. But before you start to worry that the best window of opportunity to sell your Alaska home has passed, you should note that now is that time!
May has been recognized as the best month to sell your home as homeowners have been known to yield more of a financial gain from the sale as well as sell within a shorter time frame than any other time of the year!
Many Alaskan homeowners tend to believe spring is the best time to list their property and prepare to move on to a better, more suitable home. And while they may not be wrong, it is important to note that selling is not always the best answer for every scenario. Depending on how long you've spent in the home and your location—among other factors—it may be ideal to consider staying put and simply making a few improvements.
Below are five questions to ask yourself as you determine whether to sell or renovate your Fairbanks, Anchorage, Eagle River, Palmer, Wasilla, or North Pole home this spring:
How long have you been in the home?
If you have...
Selling your Fairbanks AK home is a big step and you might be eager to see that For Sale sign go up in the front yard. But once you've done so, you may find that the offers aren't rolling in as quickly as you had hoped. In fact, home buyers don't seem to be flocking to your property the way you think they should. Is it the market? Are buyers just not looking for homes in your area?
The answer may not lie with the buyer, but actually, with you as the seller. There are several ways you could be scaring away Alaska buyers without even knowing it and we've listed a few of them for you below!
High asking price
While you have memories in your home and undoubtedly have formed emotional ties to the property, that doesn't always mean it...
The listing price of your Alaskan home is one of the most important aspects of the entire selling process. In fact, if the listing price is not reasonable from the very beginning, you could risk a whole segment of buyers passing over your property. What's more, there is one specific factor that will have the final say when it comes to what your Alaskan home sells for and it could make or break the deal— the appraisal.
If the appraised value of your home in Fairbanks, Anchorage, Eagle River, Palmer, Wasilla, or North Pole comes back too far from the listing price, any deal you come to with a buyer could fall through. Below are four ways to get ready for your ...
When selling your Alaskan home, it may seem like your to-do list grows by the minute. Cleaning out the garage, repairing that leaky faucet, choosing a real estate agent, staging, you name it! With all of these tasks at hand, it is easy for some to fall through the cracks— even the most important, like doing your due diligence on an agent.
If you're planning to sell your home in Fairbanks, Anchorage, Eagle River, Palmer, North Pole, or Wasilla, it is essential that you jot down the following tasks that are so often forgotten by Alaska home sellers!
Researching your agent
As I mentioned above, selling your home is a major decision and should not be handed over to just any ...
While many Alaskan homeowners tend to believe that spring and summer are the best months to sell, winter presents a wealth of opportunities that the other seasons just do not. For instance, did you know that homes tend to show better in the winter months? The cozy feelings of the cold weather season can play to your favor when appealing to buyers in Fairbanks, Anchorage, Palmer, Wasilla, Eagle River, North Pole and the surrounding communities.
However, that doesn't mean your home is automatically ready to list and successfully sell this winter. There are a few extra steps you may need to take to ensure you're in tip-top shape for today's buyers. Below are four ways to set yourself on...
If you're planning to sell your home in Anchorage, Fairbanks, North Pole, Palmer, Wasilla or the surrounding communities this year, one of your first steps will be researching your home value and agreeing on a listing price. But that doesn't mean anything goes in today's real estate market! In fact, overpricing your home—while you may think you're leaving yourself room for bargaining—can do more damage than you think.
As your real estate experts in Alaska, Madden Real Estate is sharing four reasons why overpricing your Alaskan home should be avoided at all costs:
You won't make a great first impression...
Looking to upgrade your front entrance? Re-Painting is a great place to start. Fresh paint is an affordable, interesting way to update your home and it also offers long-term protection.
Choose a color that complements the style of your home and existing exterior colors. For something eye-catching, go with light or deep colors. A unique color scheme is the best way to stand out but don't go overboard.
Re-staining the front door will set your home apart on a street lined with factory-painted doors.
Create contrast to add visual interest and personality to your front entrance.
Accessories are easy and inexpensive finishing touches that make a noticeable difference.
In a previous blog post, I introduced you to how you can renovate your home in Alaska while increasing your property value. Projects like remodeling your kitchen and bathrooms, redecorating and boosting outdoor appeal are all excellent ways to ensure you have a favorable turn-out when the time comes to sell, but it's also important to keep in mind those that can do the opposite.
If you have home projects on the horizon this year, you will want to steer clear of the following three that can hurt your property value in Fairbanks, Anchorage, Eagle River, Palmer, Wasilla and the surrounding areas:
Removing bedroom space
Maybe you'd like to expand your closet, create a recreational space or even make room for a master suite— but just remember, once you've decreased the number...
As a homeowner in Fairbanks, Anchorage, Eagle River or Palmer, you design your home to fit your needs and tastes. However, as a home seller, you need to see your home through a different perspective. This fall, many Alaskan homeowners will make updates and check home improvement projects off of their lists before winter arrives— just don't get too carried away.
There are a few updates that are not appreciated by all homebuyers. Keep these in mind in order to avoid turning homebuyers away from your property in Fairbanks or Anchorage. When your home closing arrives, you'll be happy you removed that wobbly ceiling fan and decided against the wallpaper.
Homebuyers in Alaska are consistently...
You may have read our previous blog post on how to know if you're ready to buy a home in Alaska and now it's the home seller's turn. This summer, homeowners were showing that they were finally ready to move and in some cases, finally able to move given their home equity. But how do you know if you are one of the homeowners that should take the leap?
Of course, there are many contributing factors that will ultimately place that "For Sale" sign in your yard, but below are a few tell-tale signs you're ready to sell your home in Alaska:
The home is no longer part of your plan
Perhaps your family is growing, you need more space or the home just doesn't meet your needs anymore— it might be time to find a place that better suits...
As part of working with Madden Real Estate, we guarantee your home sale or we'll buy it. It's part of our Guaranteed Sales Program and part of what makes us the team you'll want on your side when selling your home in Fairbanks, Anchorage, Palmer, or Eagle River this summer. We'll help you—as an Alaskan home seller— to come up with an overall strategy that works for your particular home, including a desirable listing price and perhaps even home staging.
Before you list your home this summer, or before you let prospective homebuyers through the door, keep these home staging tips in mind to give your home sale an added boost:
Bird's Eye View
Put yourself in the homebuyer's position and step outside...
More homebuyers are entering the Alaskan real estate market this summer, searching for new homes in Fairbanks, Anchorage, Palmer and Eagle River. If you're a home seller, one of the best steps you can take is to update the property and help the home stand out among the rest. While there may still be limited inventory in the local real estate market, these simple, inexpensive updates could be just what your Alaskan home needs to attract the right homebuyers.
Update the Front Door
Nothing can update the overall vibe of your home like a fresh coat of paint; it's also one of the most inexpensive fixes in terms of curb appeal. To grab the interest of an Alaskan homebuyer, you do not need to paint every room in your home. Before you start, put yourself in a homebuyer's shoes and consider...
You may have heard the buzz by now that mortgage rates are rising, housing prices are increasing and now is the time to purchase a home in Alaska— all of these may be true and in fact, point to a larger picture. While there are more homebuyers now ready to purchase homes in Alaska, home sellers are holding back. If you've been thinking about selling your home, it may be just as much your time. In today's market, with low inventory, it can be difficult to give buyers a property that is exactly what they're looking for— but you can make yours more appealing. Below are a few factors to consider to help your home stand out in the Alaskan real estate market this summer:
Know Your Competition
Home sellers will need to know the competition in order to successfully market their Alaskan homes in this market. When you work with Madden Real Estate, we can show...
Summer flew by in the blink of an eye here in Fairbanks! Hopefully you’ve kept up with your home maintenance tasks and are fully prepared for the long winter season ahead. Because autumn goes by so quickly in Alaska, it’s important to seize every opportunity to get outdoors and enjoy the crisp September weather before snow begins to blanket the ground. Now that Labor Day has come and gone, we’re able to truly celebrate the beginning of the fall season at September's First Friday.
This Friday, September 6th will be your prime opportunity to check out the best new art shows at a selection of galleries, shops, and restaurants in downtown Fairbanks. If you’ve recently decided to buy a home in Fairbanks, there’s no better way to explore your new community and meet your new neighbors! Though the temperature is cooling...
Welcome to the new and improved Madden Real Estate blog! Thanks for taking the time to stop by and check it out. As an Alaska real estate agent, my goal is to provide home buyers and home sellers with the highest quality information about the Alaskan real estate market. With that in mind, I’ve made a commitment to provide weekly updates about what’s going on in Alaska real estate, local events, and tips for successfully buying or selling a home in Alaska.
If you’ve made the decision to buy a home in Alaska, you’re in for a wild ride. Life is different up here, and we wouldn’t have it any other way! The best way to decide if you’re ready to move up north is to visit Alaska before you begin your home search. I may be biased, but I’m pretty confident you’ll find us to be a friendly, tight-knit community who believes there’s always room for more in the pack.